Cheap Apartments for Rent in Minneapolis, MN from $300 with Washer/Dryer (341 Rentals) Page 5 of 7

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Search the lowest-cost Apartments available for rent right now in Minneapolis.

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Oaks Pentagon Village
$783 - $2,552
Total Monthly Price

Total Monthly Price

Base Rent
$777 - $2,546
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jun 19

Oaks Pentagon Village

4911 W 77th StEdina, MN 55435
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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796 Stewart Ave
$925
Total Monthly Price

Total Monthly Price

Base Rent
$850
Required Monthly Fees
$75

Total Monthly Price
$925
1 Bedroom Apartments Available Now

796 Stewart Ave

796 Stewart AveSt. Paul, MN 55102
Student Housing
  • Verified
  • Low Income
  • Smoke Free
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Riley
$1,083 - $1,772
Total Monthly Price

Total Monthly Price

Base Rent
$1,083 - $1,772

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

Riley

600 W 64th St WRichfield, MN 55423
55+ Active Adult
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Pivot Apartments
$1,110 - $3,235
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $3,220
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Pivot Apartments

455 Snelling AveSt. Paul, MN 55104
Student Housing
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  • 3D Tour
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Oaks Lincoln Apartments
$1,147 - $2,189
Total Monthly Price

Total Monthly Price

Base Rent
$1,138 - $2,180
Required Monthly Fees
$9

Total Monthly Price
$1,147 - $2,189
Studio to 3 Bedroom Apartments Available May 6

Oaks Lincoln Apartments

5200 Lincoln DrEdina, MN 55436
Eco-Friendly
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  • Customer Reviewed
  • 3D Tour
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RAY
$1,218 - $1,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,218 - $1,495

Total Monthly Price
$1,218 - $1,495
Studio Apartments Available Now

RAY

2323 Charles AveSt. Paul, MN 55114
Student Housing
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  • Customer Reviewed
  • 3D Tour
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Zelia on Seven
$1,324 - $4,824
Total Monthly Price

Total Monthly Price

Base Rent
$1,320 - $4,820
Required Monthly Fees
$4

Total Monthly Price
$1,324 - $4,824
Studio to 2 Bedroom Apartments Available Now

Zelia on Seven

5855 Highway 7St. Louis Park, MN 55416
Luxury
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  • Customer Reviewed
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Fountains in the Park
Rent Specials
$1,335 - $1,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,315 - $1,700
Required Monthly Fees
$20

Total Monthly Price
$1,335 - $1,720
1 to 2 Bedroom Apartments Available Apr 7

Fountains in the Park

5700 73rd Ave NBrooklyn Park, MN 55429
  • Verified
  • Utilities Included

Minneapolis, MN Area Reviews

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Stephanie4+ years in Minneapolis

February 25, 2025

A dream city for outdoorsy types who crave an urban experience...there's nothing like a day at the lakes or hitting up the Grand Rounds. Add amazing theater (like the Guthre) and restaurants and you have the perfect urban (but not too urban) lifestyle. The cost of living is going up but still pretty reasonable compared to most cities of a similar size and with similar cultural opportunities.

Frequently Asked Questions about Cheap Minneapolis Apartments

What is a cheap apartment in Minneapolis?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Minneapolis is under $745.

What is the price of a cheap apartment in Minneapolis?

The cheapest apartment in Minneapolis is Allianze Sr. Community which is listed at $500, while the average apartment in Minneapolis costs $2,803.

What types of apartments are the cheapest in Minneapolis?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 13,254 regular apartments in Minneapolis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Minneapolis?

Cheap apartments in Minneapolis have an average cost of $410 which is $2,393 cheaper than the average rent for all rentals in Minneapolis.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

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Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes

Written by: Stephanie Lica

Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.